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(Solved by Expert Tutors) the following events took place for lae manufacturing company during mar


producer of digital clocks: a. purchased 52,000 of materialsb. used 40,000 of direct materials in productionc. incurred 60,000 of direct labor wagesd. incurred 84,000 of factory overheade. transferred 140,000 of work in process to finished goodsf. sold goods with a cost of 110,000g. earned revenues of 250,000h. incurred 64,000 of selling expensesi. incurred 28,000 of administrative expensesnow prepare the march income statement of lae manufacturing company and determine the inventory balances at the end of the first month of operations.

 

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Apr 19, 2020

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